According to ChainCatcher, according to Cryptonews, Riot has once again increased its holdings of 1 million shares of Bitfarms, and its current shareholding ratio is about 18.68%, with a total holding of about 85.3 million shares.

Riot said it will continue to evaluate its investment in Bitfarms. The company's future actions will depend on factors such as negotiations between the two companies, including discussions about the shareholders' meeting and changes to the Bitfarms board of directors.

Earlier news, Bitcoin mining company Riot continued to try to acquire competitor Bitfarms. The company purchased about 10.2 million shares of Bitfarms in July.